@brianhuang@solana It’s ridiculous.
We literally had to design a new protocol for tickets and break wallet compatibility to optimize for storage costs.
most ibrl shit we could by just agreeing to flip some constants instead of being autistic:
- cut rent 100x to 69 lamports per byte
- cut epoch length to something like ~4-8 hours
- "pseudo-remove" CU cap on blocks by making it 200m
- lower block times
Investor update I just got:
“We’ve finally internalized that people are bad at using software. To fix this, we are building agents that use [our product] for them.”
It’s working.
The company is growing rapidly.
@jacobvcreech It costs us ~$3.00 per event launch right now on KYD (full nft)
Each ticket mint would cost us a similar amount too if we weren’t using compressed nfts
Current rent rates destroy all unit economics of consumer apps